Valuing Banks

A New Corporate Finance Approach

von Federico Beltrame, Daniele Previtali

242 Seiten, Hardcover

Kurzbeschreibung des Verlags

This book aims to overcome the limitations the variations in bank-specifics impose by providing a bank-specific valuation theoretical framework and a new asset-side model. The book includes also a constructive comparison of equity and asset side methods. The authors present a novel framework entitled, the “Asset Mark-down Model”. This method incorporates an Adjusted Present Value model, which allows practitioners to identify the main value creation sources of a particular bank: from asset-based cash flow and the mark-down on deposits, to tax benefits on bearing liabilities. Through the implementation of this framework, the authors offer a more accurate and more specific approach to valuing banks.

• Reihe: Palgrave Macmillan Studies in Banking and Financial Institutions
• ISBN: 9781137561411
• Sprache: Englisch
• Erscheinungsdatum: 08.07.2016
• Genre: Wirtschaft/Einzelne Wirtschaftszweige, Branchen
• Verlag: Palgrave Macmillan UK